Pakistan evades default, revives market confidence: economists
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In the next 10 days, the bullish trend is likely to continue. In addition to increasing Rupee value, the move would attract investments, prevent defaults, and facilitate the formation of a new government that can handle the crisis.

In his opinion, the IMF deal went better than expected, according to Mohammad Suhail. As a result of this assistance, the new government will also benefit,” he said.

Stock market trends might remain bullish for the next 10 days, according to Abid Sulehri. According to him, investor confidence has also increased since the lender’s agreement.In

The IMF deal will attract investors, increasing the rupee’s value. According to Samiullah Tariq, another expert, Pakistan’s rupee is expected to gain five to seven rupees against the US dollar.

Deficiency has no longer been declared by Khaqan Najeeb. As part of the deal, Pakistan will also receive three billion dollars from friendly countries.

After signing an agreement with the International Monetary Fund (IMF), the Pakistan Stock Exchange (PSX) entered bullish mode on Monday.

Today, the KSE-100 index of the Pakistan Stock Exchange rose 2,307 points to 11,007 points.

In the last week, Pakistan and the International Monetary Fund agreed to a $3 billion loan agreement.